"We want to use existing infrastructure every chance possible, so whether it was hosting a previous Olympic Games as per the case of Sapporo, or whether this is a region that frequently hosts world cups, world championships, or other multi-sport events - it's always better because we can work with what already exists, we don't need to build".

The cost in Calgary of making a formal bid for the Olympics is about $30 million and the Calgary Bid Exploration Committee concluded past year that hosting the 2026 Games would cost $4.6 billion.

"I warmly welcome the NOCs' and cities' interest in hosting the Olympic Winter Games", Bach said in a statement.

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In addition to the seven countries eyeing up 2026, the IOC today said other nations had come forward to express interest in the 2030 Games "and beyond", including the U.S. Olympic Committee, which is sizing up a push for the Winter Olympics once LA 2028 is out of the way.

Candidates willing to host the Olympics, especially the Winter Games, have become fewer in recent times due notably to the rising costs and security concerns.

Dubi said there is also a built-in advantage for areas that are already global sports destinations.

There are seven serious bids on the table: Calgary, Canada; Stockholm, Sweden; Graz, Austria; Sapporo, Japan; Sion, Switzerland; Erzurum, Turkey and a combined bid from Milan and Turin in Italy.

The vote is scheduled for September 2019.

The federal and Alberta governments say they will support the formation of a bid corporation but the province says the idea should be put to voters in a plebiscite first. The IOC has turned the page with regard to Olympic candidatures.

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"What we are looking after is intelligent projects", he said. Turin, which hosted the 2006 Games, is part of a joint bid with Milan. He said that would include looking at the numbers from Vancouver in 2010 and to factor in realistic figures looking ahead to 2026.